Foster Wheeler and Amec win $1 billion Kuwait refinery contracts
Kuwait National Petroleum Company announced that it has awarded consultancy contracts to Foster Wheeler and Amec for two mega oil...
Energy
Qatari-Egyptian alliance to invest $165 million in solar energy
An alliance of Qatari and Egyptian investors, led by the Egyptian Awqaf Authority, has tendered an offer to build a...
Saudis to set up oryx reserve at huge oilfield
Taking time off the complex hydrocarbon operations, Saudi oil authorities have launched an ambitious project to construct a wildlife reserve...
Saipem negotiating $1bn Iraq contract
The Chief Executive Officer of Italy’s Saipem has said that the company is negotiating a contract worth around $1 billion...
Siemens secures $110 million substation deal in Abu Dhabi
Siemens announced that it has signed a Dh400 million ($110 million) contract to build a new substation in Abu Dhabi...
$19 trillion investment needed in global oil and gas production
As much as $19 trillion investment will be needed in global oil and gas production to power global economy for...
Arab power grid gains momentum
A power grid to interconnect power production, transmission and distribution in the Arab World could become a reality if governments...
Masdar to develop 15 MW solar plant in Mauritania
Masdar announced the development of a 15-megawatt solar power project in Nouakchott, the capital city Mauritania. The plant will deliver...
Iraq to spend $1.6 billion on solar, wind energy
Iraq plans to invest up to $1.6 billion on renewable energy over the next three years, according to a report...
UAE works hard for sustainable energy
As one of the world's largest oil producers, the UAE is doing everything but resting on its laurels when it...
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